Makati Digital Currency gave an interesting twist on learning blockchain and distributed ledger technology as it held a drink, talk, learn (DTL) event on their first blockchain meetup in 2019.
The event was called as “Blockchain, DLT and DTL” and was held from 7:00 PM until 10:00 PM on 7 February2019 at Blockchainspace PH in Paseo de Roxas, Makati City.
The event speakers were only given a three-minute time limit. They will be made to drink a "special mixed beverage" as a consequence if the speakers exceed three minutes.
Blockchain, DLT and DTL was completely different from the usual blockchain events. Most blockchain events are presented using complex concepts and usually last an hour or so. However, during the event, it was condensed into a three-minute presentation. On top of that, the speakers also used layman's terms so that people from all levels can clearly understand the beauty of blockchain technology.
There was a total of 23 speakers who presented their ideas on a wide range of topics related to blockchain technology, and cryptocurrency.
Johan Sten who was one of the first presenters provided an overview of decentralized marginal trading.
PDAX chief marketing officer Krystian Kucharzyk talked about how one can acquire shares on assets using tokens.
ConsenSys developer Chris Verceles talked about choosing the right blockchain for decentralized apps.
BitPinas chief content officer Mike Mislos provided a summary of the key developments in blockchain that took place in the Philippines in 2018.
Jim Yuan gave predictions on how blockchain is going to be in 2019 by giving a summary of the possible adoptions and advancements for the technology this year.
SCI community development officer Franco Araneta explained in his presentation on how Bitcoin is not anonymous and how transactions made on its blockchain can be traced. He claimed that Bitcoin is pseudonymous.
While the first lineup of speakers talked about potential solutions, PDAX product manager JM Elimanco stipulated that contrary to popular belief, blockchain technology is not really an all-in-one solution to our worldly needs.
SCI Chief Community Officer Miguel Cuneta, on the other hand, brought awareness to us as he discussed little-known facts about the Bitcoin creator Satoshi Nakamoto.
Prodigy founder Cecille De Jesus talked about how it is important for us to invest some time on researching the flaws and possible improvements with regards to smart contracts and cryptocurrencies in itself. De Jesus further emphasized the need to invest in lawyers for the legal processes involving rypto, most especially accountants who are knowledgeable about crypto.
Moneybees operations vice president Dennis Orellana talked about the signs that show the possibility of a bull market for cryptocurrencies.
Oost & Voort co-founder Caspar Oostendorp showed how scalability can be achieved through sidechains and state channels.
TagCash CEO Mark Vernon talked about how settlements could be done through the use of permissioned blockchain.
AQWIRE COO Jacky Romorosa provided an overview on what people think of blockchain projects and tokens.
Reyes Tacandong & Co. senior manager Manny Buensuceso explained how can blockchain make an impact on taxation and accounting.
Coins.ph digital currency team head Colin Goltra compared how blockchain does not make sense to a lot of people to how people in the past are likely not going to relate to smartphones.
UP Manila computer science undergrad Aji Maglanque explained why the Philippines is not yet ready to have a blockchain-based election system. According to her, the Philippines is not yet ready for reasons such as lack of technology awareness of the citizens and unstable internet connection in the country.
SCI enterprise head Peter Ing explained the different enterprise applications of the blockchain.
UnionBank assistant vice president Gerb Inajada explained the issue of the need for a person to have multiple identification documents.
CoinRunnersPh founder Nick Galan explained how Monero meets the need for privacy of its users.
Mindgenix CEO Verlin Sanciangco provided a blockchain use case in the supply chain for the government.
CEstates COO Eli Becislao explained how blockchain could be used by the academe.
EOI Digital CTO Amadeo Brands presented on registries curated through tokens.
The final presentation was made by Makati Digital Currency’s Rafael Padilla, who provided a critique on a paper from the Bank of International Settlements about the economics of proof-of-work in cryptocurrencies.